salaryLaredo is 16% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Peoria to live the same way.
🏠 Rent per month
$1,110
$2,185
🛏️ 2-bedroom rent
$1,063
$1,814
💵 Families earn per year
$68,932
$103,336
🔑 Buying a house
$193,500
$463,600
📊 Overall prices (U.S. = 100)
87.0
100.7
🏛️ Property tax per year
$3,531
$2,160
⚡ Electric bill per month
$204
$204
👥 People living there
257,619
196,906
Commute to work
21.6 min
28.2 min
College degree
22%
36.3%
Own their home
64.1%
76%
Below poverty line
20.9%
8.4%
Unemployment
5.4%
4%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Peoria for higher incomes, a more educated workforce, less poverty and 1 more.
Frequently asked questions
Is Laredo or Peoria cheaper to live in?
Laredo is about 16% cheaper overall. Rent is $1,110 a month there versus $2,185 in Peoria.
What salary do I need in Peoria to match $60,000 in Laredo?
About $69,468 a year gives the same standard of living in Peoria.
Where do people earn more, Laredo or Peoria?
The typical household earns $68,932 in Laredo and $103,336 in Peoria, 33% more in Peoria.